What does letter stock mean?
Definitions for letter stock
let·ter stock
This dictionary definitions page includes all the possible meanings, example usage and translations of the word letter stock.
Princeton's WordNet
letter stocknoun
stock that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public
ChatGPT
letter stock
Letter stock, also known as restricted securities or lettered stock, refers to shares of a public company's stock that is not registered with the Securities and Exchange Commission (SEC) and cannot be sold publically due to the restrictions imposed by the SEC. It is generally issued to corporate insiders such as executives and directors, or to private investors in private placement transactions. The letter in the term 'Letter Stock' comes from the SEC requirement that the individuals must sign a letter indicating that the stock obtained is not intended for immediate resale.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of letter stock in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of letter stock in Pythagorean Numerology is: 4
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"letter stock." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/letter+stock>.
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